Question 1

Does Caption Management own TSEM stock?

Accepted Answer

No. Caption Management exited its TSEM (Tower Semiconductor) position in Q3 2025. Its Q2 2025 13F listed 5,500 shares worth $238,425.

Question 2

How many shares of TSEM does Caption Management own?

Accepted Answer

None since Q3 2025, when Caption Management exited the position. Its Q2 2025 13F listed 5,500 shares worth $238,425.

Question 3

What is Caption Management's TSEM position worth?

Accepted Answer

Caption Management's TSEM position was worth $238,425 in its Q2 2025 13F, before the exit in Q3 2025.

Question 4

Is Caption Management buying or selling TSEM?

Accepted Answer

In Q3 2025, Caption Management exited its entire TSEM position.

Question 5

When did Caption Management first buy TSEM?

Accepted Answer

Caption Management first reported TSEM in its Q4 2024 13F and listed it in 3 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2025-Q3 Latest	Exited	0	-100.0%	$0	0.0%	$72.30	0
2025-Q2	Decreased	5,500	-64.5%	$238,425	0.0%	$43.35	0
2025-Q1	Increased	15,500	+416.7%	$552,730	0.0%	$35.66	39
2024-Q4	New	3,000	—	$154,530	0.0%	$51.51	31